National e-commerce retailer of tropical & exotic plants including palm trees, olive trees & other exotic foliage.
Stock is selected & imported from high-quality, international growers to ensure premium standards.
Key Aspects
• Products are non-domestic plants & greenery capable of flourishing in the UK climate.
• 27% of sales are attained via repeat custom.
• Operates a pre-order programme that achieves a significant level of sales.
• Grew significantly through the Covid-19 pandemic & anticipates growth to continue.
• Owns nine commercial vehicles enabling direct delivery to customers, ensuring products are not damaged in transit & can achieve short lead times.
• Shareholders are willing to provide a consultancy period post-sale to ensure the necessary knowledge is passed on.
Opportunities
• Recently entered the Northern Irish market & is looking to expand sales within the region.
• Opportunity to diversify its product range to include traditional English garden plants, establishing a separate brand to market & sell these additional products.
• Scope to begin selling its products to landscaping companies across the UK, presenting significant potential for growth.
• Plans to create an outbound telesales division, which could add up to c.£500k in sales p.a.
• Bolt-on opportunity for an importer & retailer of similar & associated garden products.
• Scope for an acquirer currently operating regionally within the UK to become a national retailer.
Potential Purchasers
• Large garden centres & plant nurseries looking to grow their product offering.
• Large florists & flower suppliers.
• Arboriculture businesses involved in selling trees.
• Exotic plant importers & suppliers.
• People involved with growing produce & already have a wide offering of products.
• Larger DIY & home improvement groups.
• Online e-commerce groups looking to add an additional products range.
